TI Announces Massive U.S. Chip Factory Expansion

URLhttps://www.manufacturing.net/video/video/22711270
SourceManufacturing. net
Date Published02/16/2023
Author NameAlex Shanahan, David Mantey
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Texas Instruments
Parent companyTexas Instruments
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):800
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2026
Capital investment ($):11000
City reshored to:Lehi
State(s) reshored to:UT
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsemiconductors
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Image/brand, Impact on domestic economy, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market
Government Incentive dollar amount:dependent on criteria met
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